| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.3B | 4.8% | 40.3% |
| Op. Income | $471M | $472M | $260M | -0.2% | 81.2% |
| Gross Margin | 35.6% | 32.1% | 25.9% | 3.5pp | 9.7pp |
| Net Margin | 17.7% | 29.5% | 19.5% | -11.8pp | -1.7pp |
| EPS (Diluted) | $0.42 | $0.67 | $0.34 | -37.3% | 23.5% |
| Free Cash Flow | $327M | $296M | $359M | 10.5% | -8.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $646M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $83M |
| SG&A Expenses | $83M |
| Other Expenses | $94M |
| Operating Expenses | $177M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $471M |
| Interest Income | $2M |
| Interest Expense | $50M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $423M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $322M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $322M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $322M |
| D&A | $619M |
| EBIT | $473M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $646M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $83M |
| SG&A Expenses | $83M |
| Other Expenses | $94M |
| Operating Expenses | $177M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $471M |
| Interest Income | $2M |
| Interest Expense | $50M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $423M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $322M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $322M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $322M |
| D&A | $619M |
| EBIT | $473M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $322M |
| Depreciation & Amortization | $619M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $224M |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | -$177M |
| OPERATING CASH FLOW | $971M |
| Capital Expenditure | -$644M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$663M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$168M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$421M |
| FREE CASH FLOW | $327M |
| Net Change in Cash | -$113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $61M |
| Other Current Assets | $132M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $22.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $128M |
| TOTAL NON-CURRENT ASSETS | $22.5B |
| TOTAL ASSETS | $24.0B |
| Account Payables | $81M |
| Short-Term Debt | $250M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.6B |
| Other Non-Current Liabilities | $457M |
| TOTAL NON-CURRENT LIABILITIES | $7.8B |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $76M |
| Additional Paid-In Capital | $7.9B |
| Retained Earnings | $6.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.7B |
| TOTAL LIABILITIES & EQUITY | $24.0B |
| Total Debt | $4.1B |
| Net Debt | $4.0B |
